Hydrogen Market by Sector (Generation (Gray, Blue, Green), Storage (Physical, Material), Transportation (Long, Short)), Application (Energy (Power, CHP), Mobility, Chemical & Refinery (Petroleum, Ammonia, Methanol)), and Region

Description

List of Tables

The global hydrogen market is projected to reach USD 312.90 billion by 2030 from USD 225.12 billion in 2025, registering a CAGR of 6.8%. The hydrogen market is on a growth trajectory driven by the increasing trend of switching to low-emission and sustainable energy solutions for transportation, power generation, and industrial uses.

Scope of the Report
Years Considered for the Study	2021-2030
Base Year	2024
Forecast Period	2025-2030
Units Considered	Value (USD million)/Volume (Thousand metric tons)
Segments	Sector (Generation, Storage, and Transportation), and Application
Regions covered	North America, Europe, Asia Pacific, Middle East & Africa, and South America

The current supportive broader political environment, decarbonization targets, and hydrogen infrastructure are enabling expansion in the level of adoption. Advances in electrolysis, fuel cells, and storage technology are steadily reducing production costs-especially for green hydrogen-improving its commercial viability and enabling more scalable projects. Partnerships between governments, private energy players, and industrial firms are creating hydrogen supply chains with growing scale and export potential.

"By application, the chemical & refinery segment accounted for the largest market share in 2024."

The chemical and refinery segment holds the largest market share in the global hydrogen market, primarily driven by its extensive use in petroleum refining and chemical production processes. Hydrogen is a critical feedstock in hydrocracking and desulfurization in refineries, helping meet stringent fuel quality standards. In the chemical sector, it is extensively used in the production of ammonia, methanol, and other industrial chemicals. The continued demand for fertilizers, petrochemicals, and cleaner fuels sustains hydrogen consumption across this segment, making it the most dominant application area in the current hydrogen market landscape. With global efforts to decarbonize hard-to-abate sectors, this segment is expected to gradually transition from gray hydrogen to blue and green alternatives. Several refinery and chemical companies are already investing in low-carbon hydrogen solutions to comply with emissions targets.

"By transportation, the long distance segment accounted for the largest market in 2024."

The long distance transportation segment has the largest market share in the hydrogen market due to the growing emphasis on cross-border hydrogen trade, particularly among regions with abundant renewable resources and high-demand centers. Countries in Asia, Europe, and the Middle East are actively investing in hydrogen corridors, pipelines, and liquefied hydrogen shipping infrastructure to enable large-scale, international hydrogen movement. This segment is further supported by government-backed export-import agreements, the development of ammonia as a hydrogen carrier, and rising demand from hydrogen-importing nations like Japan and South Korea. These trends collectively position long-distance transportation as a crucial enabler of global hydrogen supply chains, reinforcing its dominant share in the market.

"Europe is expected to register the second-highest CAGR for the hydrogen market over the forecast period."

Europe is experiencing strong growth in the hydrogen market, driven by its ambitious decarbonization goals, energy transition strategies, and focus on reducing dependency on fossil fuels. The European Union has launched multiple funding programs, including the European Green Deal and the Hydrogen Strategy for a Climate-Neutral Europe, which aim to accelerate the adoption of clean hydrogen across industries such as transport, power generation, and heavy manufacturing. Several countries-Germany, France, the Netherlands, and Spain-have rolled out national hydrogen roadmaps, supporting electrolyzer deployment, infrastructure development, and cross-border hydrogen trade. Additionally, increasing investments in renewable energy sources are facilitating green hydrogen production, reinforcing Europe's position as a key global hub in the hydrogen economy.

In-depth interviews were conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among others, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1 - 57%, Tier 2 - 29%, and Tier 3 - 14%

By Designation: C-Level Executives - 35%, Directors - 20%, and Others - 45%

By Region: North America - 20%, Europe - 15%, Asia Pacific - 30%, Middle East & Africa - 25%, and South America - 10%

Note: The tiers of the companies are defined based on their total revenues as of 2024. Tier 1: > USD 1 billion, Tier 2: USD 500 million to USD 1 billion, and Tier 3: < USD 500 million. Others include sales managers, engineers, and regional managers.

Linde plc (Ireland), Air Liquide (France), Air Products and Chemicals, Inc. (US), Saudi Arabian Oil Co. (Saudi Arabia), Shell plc (UK), Chevron Corporation (US), Exxon Mobil Corporation (US), BP p.l.c. (UK), Chart Industries (US), OPmobility (US), Luxfer Holdings PLC (US), Faber Italy (Italy), FIBA Technologies, Inc. (US), Bayotech (US), BNH Gas Tanks (India), Cryofab, Inc. (US), WELDSHIP (US), Cryolor (France), Hexagon Purus (Norway), INOX India Limited (India), NPROXX (Netherlands), CALVERA Hydrogen (Spain), Uniper SE (Germany), Composite Advanced Technologies, LLC. (US), and Quantum Fuel Systems (US) are some of the key players in the Hydrogen market. The study includes an in-depth competitive analysis of these key players in the Hydrogen market, with their company profiles, recent developments, and key market strategies.

Study Coverage:

The report defines, describes, and forecasts the hydrogen market by Generation type (Blue Hydrogen, Gray Hydrogen, Green Hydrogen), Storage (Physical, Material-based), Transportation (Long distance, Short distance), Application (Energy, Chemical & Refinery, Mobility, and others), and region (North America, Europe, Asia Pacific, Middle East & Africa and South America). The report's scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the hydrogen market. A thorough analysis of the key industry players has provided insights into their business overview, solutions, and services; key strategies such as contracts, partnerships, agreements, expansion, Joint ventures, collaborations, and acquisitions; and recent developments associated with the hydrogen market. This report covers the competitive analysis of upcoming startups in the hydrogen market ecosystem.

Key Benefits of Buying the Report

The report includes the analysis of key drivers (Government initiatives for developing hydrogen economy, Growing Demand of Ammonia in Agriculture Sector), restraints (High Flammability associated with the hydrogen, Limited Hydrogen Infrastructure), opportunities (Decarbonization targets and climate commitments, Growing demand for hydrogen vehicles) and challenges (High cost associated with renewable hydrogen production, High cost of composite-material based tanks).
Product Development/Innovation: Hydrogen market players are rapidly advancing technologies across the value chain-generation, storage, and transportation-to improve efficiency, reduce costs, and enable large-scale deployment. In generation, innovations in electrolyzer design, such as high-efficiency solid oxide and anion exchange systems, are reducing energy consumption and boosting hydrogen yield. In storage and transport, companies are leveraging new materials for high-pressure tanks, cryogenic storage, and solid-state options, improving safety, density, and mobility across sectors. Digital technologies like AI-enabled system optimization, smart grid integration, and real-time monitoring platforms are being adopted to enhance performance and reliability.
Market Development: In August 2024, Linde plc entered into a long-term agreement with Dow Inc. to supply clean hydrogen and other gases for Dow's new Path2Zero project in Fort Saskatchewan, Alberta, Canada. Under this deal, Linde will invest over USD 2 billion to build, own, and operate a large hydrogen production facility that uses advanced technology to produce low-carbon hydrogen and capture over 2 million tonnes of CO2 each year. The plant will also recycle hydrogen from Dow's operations and provide nitrogen and other industrial gases. This facility, expected to start in 2028, will support Dow's efforts to reduce emissions and will also supply other nearby industries looking to decarbonize. This report provides a detailed analysis of hydrogen solution provider strategies critical for project success, providing stakeholders with actionable insights into trends and opportunities for growth in the hydrogen market.
Market Diversification: The report offers a comprehensive analysis of the strategies employed by hydrogen solutions provider players to facilitate market diversification. It outlines innovative products and operating models, as well as new partnership frameworks across various regions, which are underpinned by technology-driven business lines. The findings emphasize opportunities for expansion beyond traditional operations, identifying geographical areas and customer segments that are currently served but remain underserved and are suitable for strategic entry.
Competitive Assessment: The report provides in-depth assessment of market shares, growth strategies, and service offerings of leading players such as Linde plc (Ireland), Air Liquide (France), Air Products and Chemicals, Inc. (US), Saudi Arabian Oil Co. (Saudi Arabia), Shell plc (UK), Uniper SE (Germany), Chevron Corporation (US), Exxon Mobil Corporation (US), BP p.l.c. (UK), Chart Industries (US), OPmobility (US), Luxfer Holdings PLC (US), Faber Italy (Italy), FIBA Technologies, Inc. (US), Bayotech (US), among others, in the hydrogen market.

Product Code: EP 8738

1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
  - 2.1.1.1 List of key secondary sources
  - 2.1.1.2 Key data from secondary sources
- 2.1.2 PRIMARY DATA
  - 2.1.2.1 List of primary interview participants
  - 2.1.2.2 Key industry insights
  - 2.1.2.3 Breakdown of primaries
  - 2.1.2.4 Key data from primary sources
2.2 MARKET SIZE ESTIMATION
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.2 TOP-DOWN APPROACH
- 2.2.3 DEMAND-SIDE ANALYSIS
  - 2.2.3.1 Assumptions for demand-side analysis
  - 2.2.3.2 Calculations for demand-side analysis
- 2.2.4 SUPPLY-SIDE ANALYSIS
  - 2.2.4.1 Assumptions and calculations for supply-side analysis
2.3 GROWTH FORECAST
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH LIMITATIONS
2.6 RISK ANALYSIS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HYDROGEN MARKET
4.2 HYDROGEN MARKET, BY REGION
4.3 HYDROGEN MARKET, BY SECTOR
4.4 HYDROGEN MARKET, BY APPLICATION
4.5 ASIA PACIFIC: HYDROGEN MARKET, BY APPLICATION & COUNTRY

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
  - 5.2.1.1 Government initiatives for developing hydrogen economy
  - 5.2.1.2 Growing demand for ammonia in agriculture sector
- 5.2.2 RESTRAINTS
  - 5.2.2.1 High flammability associated with hydrogen
  - 5.2.2.2 Limited hydrogen infrastructure
- 5.2.3 OPPORTUNITIES
  - 5.2.3.1 Decarbonization targets and climate commitments
  - 5.2.3.2 Growing demand for hydrogen vehicles
- 5.2.4 CHALLENGES
  - 5.2.4.1 High costs associated with renewable hydrogen production
  - 5.2.4.2 High cost of composite material-based tanks and strict regulatory approvals
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 PRICING ANALYSIS
- 5.4.1 AVERAGE SELLING PRICE TREND OF HYDROGEN GENERATION, BY REGION, 2022-2024
- 5.4.2 INDICATIVE PRICING ANALYSIS OF HYDROGEN STORAGE, BY REGION, 2024
- 5.4.3 INDICATIVE PRICING ANALYSIS OF HYDROGEN TRANSPORTATION
5.5 SUPPLY CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
5.7 TRADE ANALYSIS
- 5.7.1 EXPORT SCENARIO
- 5.7.2 IMPORT SCENARIO
5.8 TECHNOLOGY ANALYSIS
- 5.8.1 KEY TECHNOLOGIES
  - 5.8.1.1 Steam methane reforming (SMR)
  - 5.8.1.2 Partial oxidation
  - 5.8.1.3 Coal gasification
  - 5.8.1.4 Electrolysis
  - 5.8.1.5 Hydrogen storage technologies
  - 5.8.1.6 Hydrogen transport technologies
- 5.8.2 COMPLEMENTARY TECHNOLOGIES
  - 5.8.2.1 Carbon capture, utilization, and storage (CCUS)
  - 5.8.2.2 Renewable energy technologies
- 5.8.3 ADJACENT TECHNOLOGIES
  - 5.8.3.1 Fuel cell technology
5.9 CASE STUDY ANALYSIS
- 5.9.1 HYBRIT INITIATIVE HELPED IN TRANSFORMING STEEL PRODUCTION WITH FOSSIL-FREE GREEN HYDROGEN IN SWEDEN
- 5.9.2 KRAFT HEINZ DEPLOYS ELECTROLYZER TO PRODUCE GREEN HYDROGEN TO DECARBONIZE ITS KITT GREEN FACILITY
- 5.9.3 NPROXX HELPS ANGLO AMERICAN DEVELOP ZERO-EMISSION MINING VEHICLES AND STORE HYDROGEN COST-EFFECTIVELY
5.10 KEY CONFERENCES AND EVENTS, 2025-2026
5.11 PATENT ANALYSIS
- 5.11.1 LIST OF MAJOR PATENTS
5.12 REGULATORY LANDSCAPE
- 5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.12.2 REGULATORY FRAMEWORK
  - 5.12.2.1 Regulatory frameworks/policies in North America
  - 5.12.2.2 Regulatory frameworks/policies in Asia Pacific
  - 5.12.2.3 Regulatory frameworks/policies in Europe
  - 5.12.2.4 Regulatory frameworks/policies in Middle East & Africa
  - 5.12.2.5 Regulatory frameworks/policies in South America
5.13 PORTER'S FIVE FORCES ANALYSIS
- 5.13.1 THREAT OF NEW ENTRANTS
- 5.13.2 BARGAINING POWER OF SUPPLIERS
- 5.13.3 BARGAINING POWER OF BUYERS
- 5.13.4 THREAT OF SUBSTITUTES
- 5.13.5 INTENSITY OF COMPETITIVE RIVALRY
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.14.2 BUYING CRITERIA
5.15 IMPACT OF AI/GENERATIVE AI ON HYDROGEN MARKET
- 5.15.1 IMPACT ON HYDROGEN GENERATION
- 5.15.2 IMPACT ON HYDROGEN STORAGE
- 5.15.3 IMPACT ON HYDROGEN TRANSPORTATION
- 5.15.4 IMPACT OF AI/GENERATIVE AI, BY APPLICATION
- 5.15.5 IMPACT OF AI/GENERATIVE AI, BY REGION
5.16 MACROECONOMIC OUTLOOK FOR HYDROGEN MARKET
- 5.16.1 ENERGY TRANSITION AND POLICY SHIFTS
- 5.16.2 R&D INVESTMENTS
- 5.16.3 INFRASTRUCTURE GROWTH
- 5.16.4 CLIMATE CHANGE
5.17 INVESTMENT AND FUNDING SCENARIO
5.18 IMPACT OF 2025 US TARIFF ON HYDROGEN MARKET
- 5.18.1 INTRODUCTION
- 5.18.2 KEY TARIFF RATES
- 5.18.3 PRICE IMPACT ANALYSIS
- 5.18.4 IMPACT ON COUNTRIES/REGIONS
  - 5.18.4.1 US
  - 5.18.4.2 Europe
  - 5.18.4.3 Asia Pacific
- 5.18.5 IMPACT ON APPLICATIONS

6 HYDROGEN GENERATION MARKET, BY SECTOR

6.1 INTRODUCTION
6.2 GENERATION TYPE
- 6.2.1 GRAY HYDROGEN
  - 6.2.1.1 Low cost of production to fuel demand for gray hydrogen
- 6.2.2 BLUE HYDROGEN
  - 6.2.2.1 Rising demand for clean hydrogen to drive market growth
- 6.2.3 GREEN HYDROGEN
  - 6.2.3.1 Increasing focus on achieving net-zero carbon emission targets to boost demand for green hydrogen
6.3 STORAGE
- 6.3.1 PHYSICAL
  - 6.3.1.1 Increasing demand for stationary applications to drive market
- 6.3.2 MATERIAL-BASED
  - 6.3.2.1 Greater reliability of material-based hydrogen storage technology to boost demand
6.4 TRANSPORTATION
- 6.4.1 LONG DISTANCE
  - 6.4.1.1 Expanding hydrogen infrastructure to accelerate market development
- 6.4.2 SHORT DISTANCE
  - 6.4.2.1 Rising demand for hydrogen for emergency responses to drive market

7 HYDROGEN MARKET, BY APPLICATION

7.1 INTRODUCTION
7.2 ENERGY
- 7.2.1 EFFORTS TO DECARBONIZE GLOBAL ENERGY SYSTEMS TO DRIVE MARKET
- 7.2.2 POWER GENERATION
  - 7.2.2.1 Growing application of hydrogen in portable devices, backup power, and grid stabilization to support market
- 7.2.3 COMBINED HEAT AND POWER (CHP)
  - 7.2.3.1 Offers efficient and sustainable approach to energy generation
7.3 MOBILITY
- 7.3.1 RAPID RISE IN DEMAND FOR FUEL CELL ELECTRIC VEHICLES TO DRIVE MARKET
7.4 CHEMICAL & REFINERY
- 7.4.1 INCREASING USE OF HYDROGEN IN REFINERIES TO LOWER SULFUR CONTENT OF DIESEL TO BENEFIT MARKET
- 7.4.2 PETROLEUM REFINERY
  - 7.4.2.1 Growing need to reduce sulfur content in diesel to boost market
- 7.4.3 AMMONIA PRODUCTION
  - 7.4.3.1 Increasing focus on sustainable ammonia production to fuel demand
- 7.4.4 METHANOL PRODUCTION
  - 7.4.4.1 Increasing application of methanol for transportation fuel and wastewater denitrification to strengthen market
7.5 OTHERS

8 HYDROGEN MARKET, BY REGION

8.1 INTRODUCTION
8.2 NORTH AMERICA
- 8.2.1 US
  - 8.2.1.1 Rising demand for hydrogen in petroleum refineries and availability of advanced storage solutions to drive demand
- 8.2.2 CANADA
  - 8.2.2.1 Growing low-carbon initiatives and government-backed storage & transportation initiatives to fuel demand
- 8.2.3 MEXICO
  - 8.2.3.1 Growing production of ammonia to drive market
8.3 ASIA PACIFIC
- 8.3.1 CHINA
  - 8.3.1.1 Growing ammonia production and FCEV adoption to boost market
- 8.3.2 INDIA
  - 8.3.2.1 Growing refining capacity to support market growth
- 8.3.3 JAPAN
  - 8.3.3.1 Government plans and policies to boost market
- 8.3.4 AUSTRALIA
  - 8.3.4.1 Strong natural gas reserves, infrastructure, and export-oriented storage and transport solutions to drive market
- 8.3.5 SOUTH KOREA
  - 8.3.5.1 Expanding hydrogen infrastructure to drive market growth
- 8.3.6 REST OF ASIA PACIFIC
8.4 EUROPE
- 8.4.1 GERMANY
  - 8.4.1.1 Growing adoption of fuel cell electric vehicles to augment market growth
- 8.4.2 FRANCE
  - 8.4.2.1 Rising investments in renewable energy generation to support market growth
- 8.4.3 UK
  - 8.4.3.1 Increasing focus on reducing natural gas imports to drive market
- 8.4.4 RUSSIA
  - 8.4.4.1 Stringent government regulations to increase use of cleaner fuels to boost demand
- 8.4.5 REST OF EUROPE
8.5 MIDDLE EAST & AFRICA
- 8.5.1 GCC
  - 8.5.1.1 Saudi Arabia
    - 8.5.1.1.1 Rising demand for low-sulfur fuel in transportation to drive market
  - 8.5.1.2 UAE
    - 8.5.1.2.1 Increasing use of hydrogen fuel for electricity generation to support market growth
- 8.5.2 SOUTH AFRICA
  - 8.5.2.1 Growing use of hydrogen in mining industry to boost demand
- 8.5.3 REST OF MIDDLE EAST & AFRICA
8.6 SOUTH AMERICA
- 8.6.1 BRAZIL
  - 8.6.1.1 Rising demand for clean hydrogen in transportation sector to drive market
- 8.6.2 ARGENTINA
  - 8.6.2.1 Increasing oil refining activities to drive market
- 8.6.3 REST OF SOUTH AMERICA

9 COMPETITIVE LANDSCAPE

9.1 OVERVIEW
9.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020-2025
9.3 MARKET SHARE ANALYSIS, 2024
9.4 REVENUE ANALYSIS, 2020-2024
9.5 COMPANY VALUATION AND FINANCIAL METRICS
9.6 PRODUCT COMPARISON
9.7 COMPANY EVALUATION MATRIX: KEY HYDROGEN PRODUCERS, 2024
- 9.7.1 STARS
- 9.7.2 EMERGING LEADERS
- 9.7.3 PERVASIVE PLAYERS
- 9.7.4 PARTICIPANTS
  - 9.7.4.1 Generation type footprint
9.8 COMPANY EVALUATION MATRIX: KEY HYDROGEN STORAGE PROVIDERS, 2024
- 9.8.1 STARS
- 9.8.2 EMERGING LEADERS
- 9.8.3 PERVASIVE PLAYERS
- 9.8.4 PARTICIPANTS
  - 9.8.4.1 Storage footprint
9.9 COMPANY EVALUATION MATRIX: KEY HYDROGEN TRANSPORTATION PROVIDERS, 2024
- 9.9.1 STARS
- 9.9.2 EMERGING LEADERS
- 9.9.3 PERVASIVE PLAYERS
- 9.9.4 PARTICIPANTS
  - 9.9.4.1 Transportation footprint
- 9.9.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
  - 9.9.5.1 Company footprint
  - 9.9.5.2 Region footprint
  - 9.9.5.3 Application footprint
9.10 COMPANY EVALUATION MATRIX: STARTUPS/SMES (HYDROGEN PRODUCERS), 2024
- 9.10.1 PROGRESSIVE COMPANIES
- 9.10.2 RESPONSIVE COMPANIES
- 9.10.3 DYNAMIC COMPANIES
- 9.10.4 STARTING BLOCKS
- 9.10.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
  - 9.10.5.1 Detailed list of key startups/SMEs
  - 9.10.5.2 Competitive benchmarking of key startups/SMEs
9.11 COMPETITIVE SCENARIO
- 9.11.1 PRODUCT LAUNCHES
- 9.11.2 DEALS
- 9.11.3 EXPANSIONS
- 9.11.4 OTHER DEVELOPMENTS

10 COMPANY PROFILE

10.1 KEY HYDROGEN PRODUCERS
- 10.1.1 LINDE PLC
  - 10.1.1.1 Business overview
  - 10.1.1.2 Products/Solutions/Services offered
  - 10.1.1.3 Recent developments
    - 10.1.1.3.1 Deals
    - 10.1.1.3.2 Expansions
  - 10.1.1.4 MnM view
    - 10.1.1.4.1 Key strengths
    - 10.1.1.4.2 Strategic choices
    - 10.1.1.4.3 Weaknesses and competitive threats
- 10.1.2 AIR LIQUIDE
  - 10.1.2.1 Business overview
  - 10.1.2.2 Products/Solutions/Services offered
  - 10.1.2.3 Recent developments
    - 10.1.2.3.1 Deals
    - 10.1.2.3.2 Expansions
    - 10.1.2.3.3 Other developments
  - 10.1.2.4 MnM view
    - 10.1.2.4.1 Key strengths
    - 10.1.2.4.2 Strategic choices
    - 10.1.2.4.3 Weaknesses and competitive threats
- 10.1.3 SAUDI ARABIAN OIL CO.
  - 10.1.3.1 Business overview
  - 10.1.3.2 Products/Solutions/Services offered
  - 10.1.3.3 Recent developments
    - 10.1.3.3.1 Deals
    - 10.1.3.3.2 Expansions
- 10.1.4 AIR PRODUCTS AND CHEMICALS, INC.
  - 10.1.4.1 Business overview
  - 10.1.4.2 Products/Solutions/Services offered
  - 10.1.4.3 Recent developments
    - 10.1.4.3.1 Deals
    - 10.1.4.3.2 Expansions
    - 10.1.4.3.3 Other developments
  - 10.1.4.4 MnM view
    - 10.1.4.4.1 Key strategies
    - 10.1.4.4.2 Strategic choices
    - 10.1.4.4.3 Weaknesses and competitive threats
- 10.1.5 SHELL PLC
  - 10.1.5.1 Business overview
  - 10.1.5.2 Products/Solutions/Services offered
  - 10.1.5.3 Recent developments
    - 10.1.5.3.1 Deals
    - 10.1.5.3.2 Expansions
    - 10.1.5.3.3 Other developments
  - 10.1.5.4 MnM View
    - 10.1.5.4.1 Key strengths
    - 10.1.5.4.2 Strategic choices
    - 10.1.5.4.3 Weaknesses and competitive threats
- 10.1.6 CHEVRON CORPORATION
  - 10.1.6.1 Business overview
  - 10.1.6.2 Products/Solutions/Services offered
  - 10.1.6.3 Recent developments
    - 10.1.6.3.1 Deals
- 10.1.7 UNIPER SE
  - 10.1.7.1 Business overview
  - 10.1.7.2 Products/Solutions/Services offered
  - 10.1.7.3 Recent developments
    - 10.1.7.3.1 Deals
    - 10.1.7.3.2 Other developments
- 10.1.8 EXXON MOBIL CORPORATION
  - 10.1.8.1 Business overview
  - 10.1.8.2 Products/Solutions/Services offered
  - 10.1.8.3 Recent developments
    - 10.1.8.3.1 Deals
- 10.1.9 BP P.L.C.
  - 10.1.9.1 Business overview
  - 10.1.9.2 Products/Solutions/Services offered
  - 10.1.9.3 Recent developments
    - 10.1.9.3.1 Deals
    - 10.1.9.3.2 Other developments
10.2 HYDROGEN STORAGE PROVIDERS
- 10.2.1 INOX INDIA LIMITED
  - 10.2.1.1 Business overview
  - 10.2.1.2 Products/Solutions/Services offered
  - 10.2.1.3 Recent developments
    - 10.2.1.3.1 Deals
  - 10.2.1.4 MnM view
    - 10.2.1.4.1 Key strengths
    - 10.2.1.4.2 Strategic choices
    - 10.2.1.4.3 Weaknesses and competitive threats
- 10.2.2 CRYOLOR
  - 10.2.2.1 Business overview
  - 10.2.2.2 Products/Solutions/Services offered
  - 10.2.2.3 MnM view
    - 10.2.2.3.1 Key strengths
    - 10.2.2.3.2 Strategic choices
    - 10.2.2.3.3 Weaknesses and competitive threats
- 10.2.3 BNH GAS TANKS
  - 10.2.3.1 Business overview
  - 10.2.3.2 Products/Solutions/Services offered
- 10.2.4 FABER ITALY
  - 10.2.4.1 Business overview
  - 10.2.4.2 Products/Solutions/Services offered
- 10.2.5 OTHER HYDROGEN STORAGE PROVIDERS
  - 10.2.5.1 Luxfer Holdings PLC
  - 10.2.5.2 FIBA Technologies, Inc.
  - 10.2.5.3 Cryofab, Inc.
  - 10.2.5.4 Opmobility
10.3 HYDROGEN TRANSPORTATION TANK PROVIDERS
- 10.3.1 BAYOTECH
  - 10.3.1.1 Business overview
  - 10.3.1.2 Products/Solutions/Services offered
  - 10.3.1.3 Recent developments
    - 10.3.1.3.1 Deals
- 10.3.2 HEXAGON PURUS
  - 10.3.2.1 Business overview
  - 10.3.2.2 Products/Solutions/Services offered
  - 10.3.2.3 Recent developments
    - 10.3.2.3.1 Expansions
    - 10.3.2.3.2 Other developments
  - 10.3.2.4 MnM view
    - 10.3.2.4.1 Key strategies
    - 10.3.2.4.2 Strategic choices
    - 10.3.2.4.3 Weaknesses and competitive threats
- 10.3.3 NPROXX
  - 10.3.3.1 Business overview
  - 10.3.3.2 Products/Solutions/Services offered
  - 10.3.3.3 Recent developments
    - 10.3.3.3.1 Product launches
    - 10.3.3.3.2 Deals
- 10.3.4 CHART INDUSTRIES
  - 10.3.4.1 Business overview
  - 10.3.4.2 Products/Solutions/Services offered
  - 10.3.4.3 Recent developments
    - 10.3.4.3.1 Deals
    - 10.3.4.3.2 Other developments
  - 10.3.4.4 MnM view
    - 10.3.4.4.1 Key strategies
    - 10.3.4.4.2 Strategic choices
    - 10.3.4.4.3 Weaknesses and competitive threats
- 10.3.5 OTHER HYDROGEN TRANSPORTATION TANK PROVIDERS
  - 10.3.5.1 Quantum Fuel Systems
  - 10.3.5.2 Composite Advanced Technologies, LLC
  - 10.3.5.3 Weldship
  - 10.3.5.4 CALVERA Hydrogen

11 APPENDIX

11.1 INSIGHTS OF INDUSTRY EXPERTS
11.2 DISCUSSION GUIDE
11.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
11.4 CUSTOMIZATION OPTIONS
11.5 RELATED REPORTS
11.6 AUTHOR DETAILS

Product Code: EP 8738

List of Tables

TABLE 1 LIST OF PRIMARY INTERVIEW PARTICIPANTS
TABLE 2 HYDROGEN MARKET SNAPSHOT
TABLE 3 AVERAGE SELLING PRICE TREND OF HYDROGEN GENERATION, BY REGION, 2022-2024 (USD/KG)
TABLE 4 INDICATIVE PRICING ANALYSIS OF HYDROGEN STORAGE, BY REGION, 2024
TABLE 5 HYDROGEN MARKET: ROLE OF PLAYERS IN ECOSYSTEM
TABLE 6 EXPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY, 2022-2024 (USD THOUSAND)
TABLE 7 IMPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY, 2020-2022 (USD THOUSAND)
TABLE 8 HYDROGEN MARKET: LIST OF CONFERENCES AND EVENTS, 2025-2026
TABLE 9 HYDROGEN MARKET: MAJOR PATENTS RELATED TO HYDROGEN GENERATION, STORAGE, AND TRANSPORTATION
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 HYDROGEN MARKET: PORTER'S FIVE FORCES ANALYSIS
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP THREE APPLICATIONS
TABLE 16 KEY BUYING CRITERIA, BY APPLICATION
TABLE 17 US-ADJUSTED RECIPROCAL TARIFF RATES
TABLE 18 EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END-USE MARKETS DUE TO TARIFF
TABLE 19 HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 20 HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 21 GENERATION TYPE: HYDROGEN MARKET, BY REGION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 22 GENERATION TYPE: HYDROGEN MARKET, BY REGION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 23 GENERATION TYPE: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 24 GENERATION TYPE: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 25 GENERATION TYPE: HYDROGEN MARKET, BY TYPE, 2021-2024 (THOUSAND METRIC TONS)
TABLE 26 GENERATION TYPE: HYDROGEN MARKET, BY TYPE, 2025-2030 (THOUSAND METRIC TONS)
TABLE 27 GENERATION TYPE: HYDROGEN MARKET, BY TYPE, 2021-2024 (USD MILLION)
TABLE 28 GENERATION TYPE: HYDROGEN MARKET, BY TYPE, 2025-2030 (USD MILLION)
TABLE 29 GRAY HYDROGEN: HYDROGEN MARKET, BY REGION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 30 GRAY HYDROGEN: HYDROGEN MARKET, BY REGION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 31 GRAY HYDROGEN: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 32 GRAY HYDROGEN: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 33 BLUE HYDROGEN: HYDROGEN MARKET, BY REGION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 34 BLUE HYDROGEN: HYDROGEN MARKET, BY REGION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 35 BLUE HYDROGEN: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 36 BLUE HYDROGEN: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 37 GREEN HYDROGEN: HYDROGEN MARKET, BY REGION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 38 GREEN HYDROGEN: HYDROGEN MARKET, BY REGION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 39 GREEN HYDROGEN: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 40 GREEN HYDROGEN: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 41 STORAGE: HYDROGEN MARKET, 2021-2024 (USD MILLION)
TABLE 42 STORAGE: HYDROGEN MARKET, 2025-2030 (USD MILLION)
TABLE 43 PHYSICAL: HYDROGEN MARKET, BY REGION, 2021-2024 (UNITS)
TABLE 44 PHYSICAL: HYDROGEN MARKET, BY REGION, 2025-2030 (UNITS)
TABLE 45 PHYSICAL: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 46 PHYSICAL: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 47 TRANSPORTATION: HYDROGEN MARKET, BY REGION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 48 TRANSPORTATION: HYDROGEN MARKET, BY REGION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 49 TRANSPORTATION: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 50 TRANSPORTATION: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 51 TRANSPORTATION: HYDROGEN MARKET, BY TYPE, 2021-2024 (THOUSAND METRIC TONS)
TABLE 52 TRANSPORTATION: HYDROGEN MARKET, BY TYPE, 2025-2030 (THOUSAND METRIC TONS)
TABLE 53 TRANSPORTATION: HYDROGEN MARKET, BY TYPE, 2021-2024 (USD MILLION)
TABLE 54 TRANSPORTATION: HYDROGEN MARKET, BY TYPE, 2025-2030 (USD MILLION)
TABLE 55 LONG DISTANCE: HYDROGEN MARKET, BY REGION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 56 LONG DISTANCE: HYDROGEN MARKET, BY REGION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 57 LONG DISTANCE: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 58 LONG DISTANCE: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 59 LONG DISTANCE: HYDROGEN MARKET, BY TYPE, 2021-2030 (THOUSAND METRIC TONS)
TABLE 60 LONG DISTANCE: HYDROGEN MARKET, BY TYPE, 2025-2030 (THOUSAND METRIC TONS)
TABLE 61 LONG DISTANCE: HYDROGEN MARKET, BY TYPE, 2021-2024 (USD MILLION)
TABLE 62 LONG DISTANCE: HYDROGEN MARKET, BY TYPE, 2025-2030 (USD MILLION)
TABLE 63 SHORT DISTANCE: HYDROGEN MARKET, BY REGION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 64 SHORT DISTANCE: HYDROGEN MARKET, BY REGION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 65 SHORT DISTANCE: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 66 SHORT DISTANCE: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 67 HYDROGEN MARKET, BY APPLICATION, 2021-2024 (USD MILLION)
TABLE 68 HYDROGEN MARKET, BY APPLICATION, 2025-2030 (USD MILLION)
TABLE 69 ENERGY: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 70 ENERGY: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 71 ENERGY: HYDROGEN MARKET, BY APPLICATION, 2021-2024 (USD MILLION)
TABLE 72 ENERGY: HYDROGEN MARKET, BY APPLICATION, 2025-2030 (USD MILLION)
TABLE 73 MOBILITY: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 74 MOBILITY: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 75 CHEMICAL & REFINERY: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 76 CHEMICAL & REFINERY: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 77 CHEMICAL & REFINERY: HYDROGEN MARKET, BY APPLICATION, 2021-2024 (USD MILLION)
TABLE 78 CHEMICAL & REFINERY: HYDROGEN MARKET, BY APPLICATION, 2025-2030 (USD MILLION)
TABLE 79 OTHERS: HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 80 OTHERS: HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 81 HYDROGEN MARKET, BY REGION, 2021-2024 (USD MILLION)
TABLE 82 HYDROGEN MARKET, BY REGION, 2025-2030 (USD MILLION)
TABLE 83 NORTH AMERICA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 84 NORTH AMERICA: HYDROGEN MARKET, BY SECTOR, 2025-2030(USD MILLION)
TABLE 85 NORTH AMERICA: HYDROGEN MARKET, BY GENERATION TYPE, 2021-2024 (THOUSAND METRIC TONS)
TABLE 86 NORTH AMERICA: HYDROGEN MARKET, BY GENERATION TYPE, 2025-2030 (THOUSAND METRIC TONS)
TABLE 87 NORTH AMERICA: HYDROGEN MARKET, BY GENERATION TYPE, 2021-2024 (USD MILLION)
TABLE 88 NORTH AMERICA: HYDROGEN MARKET, BY GENERATION TYPE, 2025-2030 (USD MILLION)
TABLE 89 NORTH AMERICA: HYDROGEN MARKET, BY TRANSPORTATION, 2021-2024 (THOUSANDS METRIC TONS)
TABLE 90 NORTH AMERICA: HYDROGEN MARKET, BY TRANSPORTATION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 91 NORTH AMERICA: HYDROGEN MARKET, BY TRANSPORTATION, 2021-2024 (USD MILLION)
TABLE 92 NORTH AMERICA: HYDROGEN MARKET, BY TRANSPORTATION, 2025-2030 (USD MILLION)
TABLE 93 NORTH AMERICA: HYDROGEN MARKET, BY APPLICATION, 2021-2024 (USD MILLION)
TABLE 94 NORTH AMERICA: HYDROGEN MARKET, BY APPLICATION, 2025-2030 (USD MILLION)
TABLE 95 NORTH AMERICA: HYDROGEN MARKET, BY COUNTRY, 2021-2024 (USD MILLION)
TABLE 96 NORTH AMERICA: HYDROGEN MARKET, BY COUNTRY, 2025-2030 (USD MILLION)
TABLE 97 US: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 98 US: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 99 CANADA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 100 CANADA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 101 MEXICO: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 102 MEXICO: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 103 ASIA PACIFIC: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 104 ASIA PACIFIC: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 105 ASIA PACIFIC: HYDROGEN MARKET, BY GENERATION TYPE, 2021-2024 (THOUSAND METRIC TONS)
TABLE 106 ASIA PACIFIC: HYDROGEN MARKET, BY GENERATION TYPE, 2025-2030 (THOUSAND METRIC TONS)
TABLE 107 ASIA PACIFIC: HYDROGEN MARKET, BY GENERATION TYPE, 2021-2024 (USD MILLION)
TABLE 108 ASIA PACIFIC: HYDROGEN MARKET, BY GENERATION TYPE, 2025-2030 (USD MILLION)
TABLE 109 ASIA PACIFIC: HYDROGEN MARKET, BY TRANSPORTATION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 110 ASIA PACIFIC: HYDROGEN MARKET, BY TRANSPORTATION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 111 ASIA PACIFIC: HYDROGEN MARKET, BY TRANSPORTATION, 2021-2024 (USD MILLION)
TABLE 112 ASIA PACIFIC: HYDROGEN MARKET, BY TRANSPORTATION, 2025-2030 (USD MILLION)
TABLE 113 ASIA PACIFIC: HYDROGEN MARKET, BY APPLICATION, 2021-2024 (USD MILLION)
TABLE 114 ASIA PACIFIC: HYDROGEN MARKET, BY APPLICATION, 2025-2030 (USD MILLION)
TABLE 115 ASIA PACIFIC: HYDROGEN MARKET, BY COUNTRY, 2021-2024 (USD MILLION)
TABLE 116 ASIA PACIFIC: HYDROGEN MARKET, BY COUNTRY, 2025-2030 (USD MILLION)
TABLE 117 CHINA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 118 CHINA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 119 INDIA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 120 INDIA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 121 JAPAN: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 122 JAPAN: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 123 AUSTRALIA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 124 AUSTRALIA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 125 SOUTH KOREA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 126 SOUTH KOREA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 127 REST OF ASIA PACIFIC: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 128 REST OF ASIA PACIFIC: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 129 EUROPE: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 130 EUROPE: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 131 EUROPE: HYDROGEN MARKET, BY GENERATION TYPE, 2021-2024 (THOUSAND METRIC TONS)
TABLE 132 EUROPE: HYDROGEN MARKET, BY GENERATION TYPE, 2025-2030 (THOUSAND METRIC TONS)
TABLE 133 EUROPE: HYDROGEN MARKET, BY GENERATION TYPE, 2021-2024 (USD MILLION)
TABLE 134 EUROPE: HYDROGEN MARKET, BY GENERATION TYPE, 2025-2030 (USD MILLION)
TABLE 135 EUROPE: HYDROGEN MARKET, BY TRANSPORTATION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 136 EUROPE: HYDROGEN MARKET, BY TRANSPORTATION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 137 EUROPE: HYDROGEN MARKET, BY TRANSPORTATION, 2021-2024 (USD MILLION)
TABLE 138 EUROPE: HYDROGEN MARKET, BY TRANSPORTATION, 2025-2030 (USD MILLION)
TABLE 139 EUROPE: HYDROGEN MARKET, BY APPLICATION, 2021-2024 (USD MILLION)
TABLE 140 EUROPE: HYDROGEN MARKET, BY APPLICATION, 2025-2030 (USD MILLION)
TABLE 141 EUROPE: HYDROGEN MARKET, BY COUNTRY, 2021-2024 (USD MILLION)
TABLE 142 EUROPE: HYDROGEN MARKET, BY COUNTRY, 2025-2030 (USD MILLION)
TABLE 143 GERMANY: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 144 GERMANY: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 145 FRANCE: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 146 FRANCE: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 147 UK: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 148 UK: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 149 RUSSIA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 150 RUSSIA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 151 REST OF EUROPE: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 152 REST OF EUROPE: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 153 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 154 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 155 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY GENERATION TYPE, 2021-2024 (THOUSAND METRIC TONS)
TABLE 156 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY GENERATION TYPE, 2025-2030 (THOUSAND METRIC TONS)
TABLE 157 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY GENERATION TYPE, 2021-2024 (USD MILLION)
TABLE 158 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY GENERATION TYPE, 2025-2030 (USD MILLION)
TABLE 159 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY TRANSPORTATION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 160 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY TRANSPORTATION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 161 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY TRANSPORTATION, 2021-2024 (USD MILLION)
TABLE 162 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY TRANSPORTATION, 2025-2030 (USD MILLION)
TABLE 163 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY APPLICATION, 2021-2024 (USD MILLION)
TABLE 164 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY APPLICATION, 2025-2030 (USD MILLION)
TABLE 165 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY COUNTRY, 2021-2024 (USD MILLION)
TABLE 166 MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY COUNTRY, 2025-2030 (USD MILLION)
TABLE 167 SAUDI ARABIA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 168 SAUDI ARABIA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 169 UAE: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 170 UAE: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 171 SOUTH AFRICA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 172 SOUTH AFRICA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 173 REST OF MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 174 REST OF MIDDLE EAST & AFRICA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 175 SOUTH AMERICA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 176 SOUTH AMERICA: HYDROGEN MARKET, BY SECTOR, 2025-2030(USD MILLION)
TABLE 177 SOUTH AMERICA: HYDROGEN MARKET, BY GENERATION TYPE, 2021-2024 (THOUSAND METRIC TONS)
TABLE 178 SOUTH AMERICA: HYDROGEN MARKET, BY GENERATION TYPE, 2025-2030 (THOUSAND METRIC TONS)
TABLE 179 SOUTH AMERICA: HYDROGEN MARKET, BY GENERATION TYPE, 2021-2024 (USD MILLION)
TABLE 180 SOUTH AMERICA: HYDROGEN MARKET, BY GENERATION TYPE, 2025-2030 (USD MILLION)
TABLE 181 SOUTH AMERICA: HYDROGEN MARKET, BY TRANSPORTATION, 2021-2024 (THOUSAND METRIC TONS)
TABLE 182 SOUTH AMERICA: HYDROGEN MARKET, BY TRANSPORTATION, 2025-2030 (THOUSAND METRIC TONS)
TABLE 183 SOUTH AMERICA: HYDROGEN MARKET, BY TRANSPORTATION, 2021-2024 (USD MILLION)
TABLE 184 SOUTH AMERICA: HYDROGEN MARKET, BY TRANSPORTATION, 2025-2030 (USD MILLION)
TABLE 185 SOUTH AMERICA: HYDROGEN MARKET, BY APPLICATION, 2021-2024 (USD MILLION)
TABLE 186 SOUTH AMERICA: HYDROGEN MARKET, BY APPLICATION, 2025-2030 (USD MILLION)
TABLE 187 SOUTH AMERICA: HYDROGEN MARKET, BY COUNTRY, 2021-2024 (USD MILLION)
TABLE 188 SOUTH AMERICA: HYDROGEN MARKET, BY COUNTRY, 2025-2030 (USD MILLION)
TABLE 189 BRAZIL: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 190 BRAZIL: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 191 ARGENTINA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 192 ARGENTINA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 193 REST OF SOUTH AMERICA: HYDROGEN MARKET, BY SECTOR, 2021-2024 (USD MILLION)
TABLE 194 REST OF SOUTH AMERICA: HYDROGEN MARKET, BY SECTOR, 2025-2030 (USD MILLION)
TABLE 197 HYDROGEN MARKET: GENERATION TYPE FOOTPRINT
TABLE 198 HYDROGEN MARKET: STORAGE FOOTPRINT
TABLE 199 HYDROGEN MARKET: TRANSPORTATION FOOTPRINT
TABLE 200 HYDROGEN MARKET: REGION FOOTPRINT
TABLE 201 HYDROGEN MARKET: APPLICATION FOOTPRINT
TABLE 202 HYDROGEN MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 203 HYDROGEN MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
TABLE 204 HYDROGEN MARKET: PRODUCT LAUNCHES, JANUARY 2020-JUNE 2025
TABLE 205 HYDROGEN MARKET: DEALS, JANUARY 2020-JUNE 2025
TABLE 206 HYDROGEN MARKET: EXPANSIONS, JANUARY 2020-JUNE 2025
TABLE 207 HYDROGEN MARKET: OTHER DEVELOPMENTS, JANUARY 2020-JUNE 2025
TABLE 208 LINDE PLC: COMPANY OVERVIEW
TABLE 209 LINDE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 210 LINDE PLC: DEALS
TABLE 211 LINDE PLC: EXPANSIONS
TABLE 212 AIR LIQUIDE: COMPANY OVERVIEW
TABLE 213 AIR LIQUIDE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 214 AIR LIQUIDE: DEALS
TABLE 215 AIR LIQUIDE: EXPANSIONS
TABLE 216 AIR LIQUIDE: OTHER DEVELOPMENTS
TABLE 217 SAUDI ARABIAN OIL CO.: COMPANY OVERVIEW
TABLE 218 SAUDI ARABIAN OIL CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 219 SAUDI ARABIAN OIL CO.: DEALS
TABLE 220 SAUDI ARABIAN OIL CO.: EXPANSIONS
TABLE 221 AIR PRODUCTS AND CHEMICALS, INC.: COMPANY OVERVIEW
TABLE 222 AIR PRODUCTS AND CHEMICALS, INC.: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
TABLE 223 AIR PRODUCTS AND CHEMICALS, INC.: DEALS
TABLE 224 AIR PRODUCTS AND CHEMICALS, INC.: EXPANSIONS
TABLE 225 AIR PRODUCTS AND CHEMICALS, INC.: OTHER DEVELOPMENTS
TABLE 226 SHELL PLC: COMPANY OVERVIEW
TABLE 227 SHELL PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 228 SHELL PLC: DEALS
TABLE 229 SHELL PLC: EXPANSIONS
TABLE 230 SHELL PLC: OTHER DEVELOPMENTS
TABLE 231 CHEVRON CORPORATION: COMPANY OVERVIEW
TABLE 232 CHEVRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 233 CHEVRON CORPORATION: DEALS
TABLE 234 UNIPER SE: COMPANY OVERVIEW
TABLE 235 UNIPER SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 236 UNIPER SE: DEALS
TABLE 237 UNIPER SE: OTHER DEVELOPMENTS
TABLE 238 EXXON MOBIL CORPORATION: COMPANY OVERVIEW
TABLE 239 EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 240 EXXON MOBIL CORPORATION: DEALS
TABLE 241 BP P.L.C.: COMPANY OVERVIEW
TABLE 242 BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 243 BP P.L.C.: DEALS
TABLE 244 BP P.L.C.: OTHER DEVELOPMENTS
TABLE 245 INOX INDIA LIMITED: COMPANY OVERVIEW
TABLE 246 INOX INDIA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 247 INOX INDIA LIMITED: DEALS
TABLE 248 CRYOLOR: COMPANY OVERVIEW
TABLE 249 CRYOLOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 250 BNH GAS TANKS: COMPANY OVERVIEW
TABLE 251 BNH GAS TANKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 252 FABER ITALY: COMPANY OVERVIEW
TABLE 253 FABER ITALY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 254 LUXFER HOLDINGS PLC: COMPANY OVERVIEW
TABLE 255 FIBA TECHNOLOGIES, INC.: COMPANY OVERVIEW
TABLE 256 CRYOFAB, INC.: COMPANY OVERVIEW
TABLE 257 OPMOBILITY: COMPANY OVERVIEW
TABLE 258 BAYOTECH: COMPANY OVERVIEW
TABLE 259 BAYOTECH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 260 BAYOTECH: DEALS
TABLE 261 HEXAGON PURUS: COMPANY OVERVIEW
TABLE 262 HEXAGON PURUS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 263 HEXAGON PURUS: DEALS
TABLE 264 HEXAGON PURUS: EXPANSIONS
TABLE 265 HEXAGON PURUS: OTHER DEVELOPMENTS
TABLE 266 NPROXX: COMPANY OVERVIEW
TABLE 267 NPROXX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 268 NPROXX: PRODUCT LAUNCHES
TABLE 269 NPROXX: DEALS
TABLE 270 CHART INDUSTRIES: COMPANY OVERVIEW
TABLE 271 CHART INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 272 CHART INDUSTRIES: DEALS
TABLE 273 CHART INDUSTRIES: OTHER DEVELOPMENTS
TABLE 274 QUANTUM FUEL SYSTEMS: COMPANY OVERVIEW
TABLE 275 COMPOSITE ADVANCED TECHNOLOGIES, LLC: COMPANY OVERVIEW
TABLE 276 WELDSHIP: COMPANY OVERVIEW
TABLE 277 CALVERA HYDROGEN: COMPANY OVERVIEW

List of Figures

FIGURE 1 HYDROGEN MARKET: SEGMENTATION AND REGIONAL SCOPE
FIGURE 2 HYDROGEN MARKET: RESEARCH DESIGN
FIGURE 3 KEY DATA FROM SECONDARY SOURCES
FIGURE 4 KEY INDUSTRY INSIGHTS
FIGURE 5 BREAKDOWN OF PRIMARIES
FIGURE 6 KEY DATA FROM PRIMARY SOURCES
FIGURE 7 HYDROGEN MARKET: BOTTOM-UP APPROACH
FIGURE 8 HYDROGEN MARKET: TOP-DOWN APPROACH
FIGURE 9 METRICS CONSIDERED TO ANALYZE DEMAND FOR HYDROGEN
FIGURE 10 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF HYDROGEN
FIGURE 11 HYDROGEN MARKET: SUPPLY-SIDE ANALYSIS
FIGURE 12 HYDROGEN MARKET SHARE ANALYSIS, 2024
FIGURE 13 HYDROGEN MARKET: DATA TRIANGULATION
FIGURE 14 HYDROGEN MARKET: RESEARCH LIMITATIONS
FIGURE 15 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF HYDROGEN MARKET IN 2024
FIGURE 16 CHEMICAL & REFINERY SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 17 GENERATION TYPE TO DOMINATE HYDROGEN MARKET DURING FORECAST PERIOD
FIGURE 18 GROWING NEED TO REDUCE GREENHOUSE GAS EMISSIONS TO FUEL MARKET GROWTH DURING FORECAST PERIOD
FIGURE 19 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 20 GENERATION TYPE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030
FIGURE 21 CHEMICAL & REFINERY SEGMENT TO BE DOMINANT APPLICATION DURING FORECAST PERIOD
FIGURE 22 CHINA DOMINATED ASIA PACIFIC HYDROGEN MARKET IN 2024
FIGURE 23 HYDROGEN MARKET: MARKET DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
FIGURE 24 DEMAND FOR AMMONIA, BY END USE, 2024
FIGURE 25 GREENHOUSE GAS EMISSIONS, BY SECTOR, 2023
FIGURE 26 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 27 AVERAGE SELLING PRICE TREND OF HYDROGEN GENERATION, BY REGION, 2022-2024
FIGURE 28 INDICATIVE PRICING OF HYDROGEN TRANSPORTATION, BY TRANSPORTATION MODE, USD MILLION
FIGURE 29 HYDROGEN MARKET: SUPPLY CHAIN ANALYSIS
FIGURE 30 HYDROGEN MARKET: ECOSYSTEM ANALYSIS
FIGURE 31 EXPORT SCENARIO FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY, 2022-2024 (USD THOUSAND)
FIGURE 32 IMPORT SCENARIO FOR HS CODE 280410-COMPLIANT PRODUCTS, BY COUNTRY, 2022-2024 (USD THOUSAND)
FIGURE 33 NUMBER OF PATENTS GRANTED IN HYDROGEN MARKET, 2014-2024
FIGURE 34 HYDROGEN MARKET: PORTER'S FIVE FORCES ANALYSIS
FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP THREE APPLICATIONS
FIGURE 36 BUYING CRITERIA FOR TOP THREE APPLICATIONS
FIGURE 37 IMPACT OF AI/GENERATIVE AI, BY APPLICATION
FIGURE 38 INVESTMENT AND FUNDING SCENARIO
FIGURE 39 HYDROGEN MARKET, BY SECTOR, 2024
FIGURE 40 HYDROGEN MARKET, BY APPLICATION, 2024
FIGURE 41 ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 42 HYDROGEN MARKET SHARE, BY REGION, 2024
FIGURE 44 EUROPE: HYDROGEN MARKET SNAPSHOT
FIGURE 45 MARKET SHARE ANALYSIS OF COMPANIES OFFERING HYDROGEN SOLUTIONS, 2024
FIGURE 46 HYDROGEN MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2020-2024
FIGURE 47 COMPANY VALUATION
FIGURE 48 FINANCIAL METRICS (EV/EBITDA)
FIGURE 49 PRODUCT COMPARISON
FIGURE 50 HYDROGEN MARKET: COMPANY EVALUATION MATRIX (KEY HYDROGEN PRODUCERS), 2024
FIGURE 51 HYDROGEN MARKET: COMPANY EVALUATION MATRIX (KEY HYDROGEN STORAGE PROVIDERS), 2024
FIGURE 52 HYDROGEN MARKET: COMPANY EVALUATION MATRIX (KEY HYDROGEN TRANSPORTATION PROVIDERS), 2024
FIGURE 53 HYDROGEN MARKET: COMPANY FOOTPRINT
FIGURE 54 HYDROGEN MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024
FIGURE 55 LINDE PLC: COMPANY SNAPSHOT
FIGURE 56 AIR LIQUIDE: COMPANY SNAPSHOT
FIGURE 57 SAUDI ARABIAN OIL CO.: COMPANY SNAPSHOT
FIGURE 58 AIR PRODUCTS AND CHEMICALS, INC.: COMPANY SNAPSHOT
FIGURE 59 SHELL PLC: COMPANY SNAPSHOT
FIGURE 60 CHEVRON CORPORATION: COMPANY SNAPSHOT
FIGURE 61 UNIPER SE: COMPANY SNAPSHOT
FIGURE 62 EXXON MOBIL CORPORATION: COMPANY SNAPSHOT
FIGURE 63 BP P.L.C.: COMPANY SNAPSHOT
FIGURE 64 INOX INDIA LIMITED: COMPANY SNAPSHOT
FIGURE 65 HEXAGON PURUS: COMPANY SNAPSHOT
FIGURE 66 CHART INDUSTRIES: COMPANY SNAPSHOT

Hydrogen Market by Sector (Generation (Gray, Blue, Green), Storage (Physical, Material), Transportation (Long, Short)), Application (Energy (Power, CHP), Mobility, Chemical & Refinery (Petroleum, Ammonia, Methanol)), and Region - Global Forecast to 2030

Description

Table of Contents

List of Tables

Study Coverage:

TABLE OF CONTENTS

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 MARKET OVERVIEW

6 HYDROGEN GENERATION MARKET, BY SECTOR

7 HYDROGEN MARKET, BY APPLICATION

8 HYDROGEN MARKET, BY REGION

9 COMPETITIVE LANDSCAPE

10 COMPANY PROFILE

11 APPENDIX

List of Tables

List of Figures